Seylan Developments PLC reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was LKR 101.68 million compared to LKR 102.41 million a year ago. Revenue was LKR 101.91 million compared to LKR 103 million a year ago.

Net income was LKR 57.25 million compared to LKR 67.6 million a year ago. Basic earnings per share from continuing operations was LKR 0.39 compared to LKR 0.46 a year ago.